Canada's Inflation Plunges to 1.6%, Canadians Still Don't Trust the Data

Описание: #CanadianInflation #bankofcanada #canadianeconomy

Canada’s inflation rate dropped to 1.6% in September, the lowest its been (on paper) since 2021. However, according to new polls coming from the Bank of Canada, Canadian’s aren’t so much buying it.

Links:

Consumer Price Index, September 2024:

https://www150.statcan.gc.ca/n1/daily...

Canadian Survey of Consumer Expectations—Third Quarter of 2024:

https://www.bankofcanada.ca/2024/10/c...

Business Outlook Survey—Third Quarter of 2024:

https://www.bankofcanada.ca/2024/10/b...

Economists predict inflation dipped below 2% in September:

https://www.ctvnews.ca/business/econo...

Inflation rate drops to 1.6% in September:

https://www.cbc.ca/news/business/cana...

Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds:

https://www.bnnbloomberg.ca/investing...

Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds:

https://financialpost.com/pmn/busines...

Canada's economy added 47,000 new jobs in September, unemployment rate ticked down:

https://www.cbc.ca/news/business/jobs...

“The engine for the world economy” adds over 250,000 jobs:

https://www.london.edu/news/lind-yueh...

Federal Deficit Hit $1.8 Trillion for 2024, CBO Says:

https://www.wsj.com/politics/policy/b...

Canada’s inflation rate falls to 1.6% in September, raising odds of larger BoC rate cut:

https://www.theglobeandmail.com/busin...

Canada 5 Year Government Bond:

https://www.marketwatch.com/investing...

Bank of Canada Cuts Rates a Third Time – Is Now a Good Time to Buy a Home?:

https://www.morningstar.ca/ca/news/25...

Bank of Canada cuts interest rate to 4.25%, signals more easing to come:

https://financialpost.com/news/econom...

Posthaste: Why Canada's housing market could rebound sooner than many expect:

https://financialpost.com/news/housin...

Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey:

https://www.bnnbloomberg.ca/business/...

Canadian economy to remain sluggish to year-end says Conference Board:

https://www.wealthprofessional.ca/new...

Bank of Canada needs to rebuild public trust after inflation: governor Tiff Macklem:

https://www.ctvnews.ca/business/bank-...

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